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Robinhood Stock Plunges 8% Following Disappointing Earnings Report Amid Weak Crypto Trading Revenue
Robinhood's first-quarter earnings report fell short of expectations, with the company posting adjusted earnings per share of $0.38, below the estimated $0.39, and total revenue of $1.07 billion, missing the projected $1.14 billion. The company's shares dropped approximately 8% in post-market trading. A substantial 47% decline in crypto-related revenue to $134 million was a major contributor to t…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Shares Plummet 8% Following Subpar Earnings Report Due to Disappointing Crypto Trading Revenue
Robinhood's first-quarter earnings report revealed a significant shortfall in both earnings and revenue projections, primarily attributed to a substantial decline in cryptocurrency trading revenue. However, growth in other segments of the business propelled overall revenue upward. The company reported adjusted earnings per share of $0.38, falling short of Wall Street's estimate of $0.39. Total re…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings report fell short of expectations, with the company missing its estimated earnings and revenue targets due to a substantial decline in crypto trading revenue. The trading platform reported adjusted earnings per share of $0.38, below the estimated $0.39, and total revenue of $1.07 billion, which was lower than the anticipated $1.14 billion. As a result, shares dr…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Plummets 8% Following Disappointing Earnings Report Amid Crypto Revenue Slump
Robinhood's first-quarter earnings report fell short of expectations, with the company reporting adjusted earnings per share of $0.38, below the estimated $0.39. The trading platform's total revenue rose 15% year-over-year to $1.07 billion, but missed the anticipated $1.14 billion. As a result, shares dropped approximately 8% in post-market trading. The significant decline in crypto-related reven…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Price Drops 8% Following Disappointing Earnings Report Due to Poor Crypto Trading Revenue
Robinhood's first-quarter earnings report revealed a sharp decline in cryptocurrency trading revenue, resulting in the company missing its earnings and revenue estimates. The trading platform reported adjusted earnings per share of $0.38, falling short of Wall Street's estimate of $0.39. Overall revenue increased by 15% to $1.07 billion, but still failed to meet analysts' expectations of $1.14 bi…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Shares Plummet 8% Following Disappointing Earnings Report Amid Crypto Revenue Slump
Robinhood's first-quarter earnings fell short of expectations, with the company reporting adjusted earnings per share of $0.38, below the estimated $0.39. Total revenue rose 15% year-over-year to $1.07 billion, but missed the anticipated $1.14 billion. The stock price dropped approximately 8% in post-market trading. A significant decline in crypto-related revenue, which decreased 47% to $134 mill…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood (HOOD) fell short of its first-quarter earnings and revenue projections, primarily due to a substantial decline in crypto trading revenue. However, growth in other areas of the business helped drive overall revenue higher. The company reported adjusted earnings per share of $0.38, missing the Wall Street estimate of $0.39, according to FactSet data. Total revenue increased by 15% year-o…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Shares Plummet 8% Following Disappointing Earnings Report Amid Crypto Revenue Decline
Robinhood's first-quarter earnings report revealed a significant shortfall in expected earnings and revenue, primarily due to a sharp decline in cryptocurrency trading revenue. The company reported adjusted earnings per share of $0.38, falling short of Wall Street's estimate of $0.39. Although overall revenue increased by 15% year-over-year to $1.07 billion, it failed to meet analysts' expectatio…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plunges 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading
Robinhood's first-quarter earnings report fell short of expectations, with a notable decline in crypto trading revenue, although growth in other areas boosted overall revenue. The company reported adjusted earnings per share of $0.38, missing the estimated $0.39, and total revenue of $1.07 billion, which was below the anticipated $1.14 billion. As a result, shares dropped approximately 8% in post…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Plunges 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood reported a significant decline in crypto trading revenue, causing the company to miss its first-quarter earnings and revenue estimates. The trading platform posted adjusted earnings per share of $0.38, falling short of Wall Street's estimate of $0.39. Total revenue rose 15% year-over-year to $1.07 billion, but failed to meet analysts' expectations of $1.14 billion, resulting in an 8% dr…
April 28, 2026, 8:28 p.m.